Applied Financial Mathematics

Requirements

Degree Requirements: Minimum of 30 credits [24 credits coursework; 3 credits professional master's cohort courses; 3 credit internship]; Completion of an exit project approved by the student's advising committee.

Coursework Options

Required
Math 5620 Financial Mathematics I (theory of interest)
Math 5621 Financial Mathematics II (theory of corporate finance)
Math 5660 Advanced Financial Mathematics (stochastic finance)
Stat 5361 Statistical Computing (large financial models)

At least two of the following
Fnce 5151 Introduction to Economic Markets
Fnce 5202 Investments and Securities
Fnce 5504 Options and Futures
Fnce 5512 Fixed Income Instruments
Fnce 6201 Introduction to Finance Theory and Evidence
Fnce 6203 Theory of Financial Markets and Valuation

Additional course options
Math 5110 Introduction to Modern Analysis
Math 5111 Measure and Integration
Math 5160 Probability I
Math 5161 Stochastic Processes
Math 5335 Simulation
Math 5637 Risk Theory
Acct 5121 Financial Accounting and Reporting (strongly encouraged, but not required)
Econ 5201 Microeconomics
Econ 5202 Macroeconomics
Econ 5311 Econometrics I
Stat 5315 Analysis of Experiments
Stat 5415 Advanced Statistical Methods
Stat 5505 Applied Statistics I
Stat 5605 Applied Statistics II
Stat 5585 Mathematical Statistics I
Stat 5685 Mathematical Statistics II
Stat 5825 Applied Time Series

Professional Master's Cohort Courses

Any three of the following
Grad 5900-01 Special Topics in Graduate Education - Professional Writing/Communication Skills
Math 5800-05 Practitioners' Forum (required once, may be repeated for credit)
Math 5800-31 Yield Curve Models (may be repeated for credit)

Professional Internship

Any one of the following (credit for a required internship)
Math 5850 Graduate Field Study Internship
Grad 5925 Curricular Practical Training (international students on CPT)

Courses may be added to this list, as appropriate, by approval of the program faculty.